THE UNJUSTIFIED NATURE OF THE CRIME OF ILLEGAL USE OF PRIVILEGED INFORMATION Cover Image
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DESPRE CARACTERUL NEJUSTIFICAT AL INFRACŢIUNII DE UTILIZARE NELEGALĂ A INFORMAŢIEI PRIVILEGIATE
THE UNJUSTIFIED NATURE OF THE CRIME OF ILLEGAL USE OF PRIVILEGED INFORMATION

Author(s): Adrian-Cătălin Ţigănoaia
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: capital market; inside information; finacial instruments; unlegal use;

Summary/Abstract: This article brings together some of the most important aspects of the unlegal character of using of inside information on the capital market. It is a forbiden behaviour in every European Union member state, being as severe as a crime. There are presented some reasons of incriminating this behavoiuor and also some aspects regarding its ilegitimacy. The author refers to the unlegal use of inside information both when buying and seling finacial instruments. There is also shown a case of legal use of inside information, a situation in wich using such information is not a crime.

  • Issue Year: X/2012
  • Issue No: 02
  • Page Range: 73-76
  • Page Count: 4
  • Language: Romanian
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